South Boulder Mines has announced a plan to raise $9.5 million from North American investors to fund the development of its Colluli potash project in Eritrea.
Australasian Resources says a Chinese bank has expressed interest in procuring funding for its proposed multi-billion dollar Balmoral South iron ore project in the Pilbara.
Mid-cap exploration companies Rey Resources, Deep Yellow and Arafura Resources have announced capital raisings worth a collective $34 million to fund works at their respective projects.
Ampella Mining says it is no longer looking for a suitor after its advisers Macquarie Capital and Gresham Advisory Partners failed to find a suitable takeover partner.
Hong Kong investment house Wah Nam International will move to mop up the remaining shares in Brockman Resources, just over 18 months after launching the first of two takeover offers.
Takeover target Eureka Energy has rejected a merger proposal lodged by Houston-based Lonestar Resources, after the parties were not able to agree to terms over the weekend.
Construction and contracting company VDM Group has announced it will take a $2.9 million loss on the sale of its Cape Crushing and Earthmoving Services subsidiary.
A legal battle delaying a $554 million Russian takeover of iron ore miner Flinders Mines is continuing to drag on, with an appeal from Flinders Mines adjourned until June 6.
Cashed-up gold miner Northern Star Resources has taken a strategic stake in Venturex Resources, but says it is still on the lookout for a major corporate or project acquisition.
Orbital Corporation says it is evaluating its options with regards to a possible capital raising, after revealing its forecast loss this financial year would be larger than first thought, sinking to a
Aurora Oil & Gas says it will push on with its a takeover of Eureka Energy, despite its concerns over a $US15 million debt facility the target has signed with Macquarie Bank, which Aurora describe
One-time market favourite Matrix Composites & Engineering has launched a $36.7 million capital raising to strengthen its balance sheet and partially pay off its debts, after disclosing it would in
Attila Resources shares have rocketed on the Australian Securities Exchange, after the Perth-based miner announced it had signed an option to acquire a 70 per cent interest in Alabama-based Kodiak Min